Bradford Campbell is a nationally recognized figure in employer-sponsored retirement plans who leverages his prior experience as the U.S. Assistant Secretary of Labor for Employee Benefits to advise clients across a broad range of issues related to the Employee Retirement Income Security Act (ERISA). As ERISA’s former “top cop” and primary regulator, Brad has detailed and wide-ranging knowledge of the structure and operation of ERISA plans, insight that he applies to client engagements.
Brad advises financial service providers and plan sponsors, particularly in relation to ERISA Title I issues, such as fiduciary conduct and prohibited transactions as well as developing policy issues. A prominent voice in the debates over fiduciary and best-interest regulations, Brad has testified before various congressional committees more than a dozen times. He provides clients with analysis, commentary, and strategic and legal advice on significant updates and assists them in offering comments on proposed regulations.
He also helps clients develop products and compliance systems that meet the requirements for qualified retirement plans and IRAs, as well as fiduciary training programs for plan officials. Brad assists clients in requesting prohibited transaction exemptions and advisory opinions for activities related to employee benefits plans. Brad has a track record of successfully resolving Department of Labor (DOL) and Internal Revenue Service (IRS) investigations and audits for large service providers and plan sponsors, and serves as an expert witness in ERISA litigation.
Brad is a contributor to the firm’s Broker-Dealer Law Blog, which provides practical insights into litigation, regulatory, compliance and fiduciary issues impacting broker-dealers, and is a frequent speaker and commentator in the media, including the Wall Street Journal, Fox Business News and numerous trade press publications.
Government Experience
Brad is the former Assistant Secretary of Labor for Employee Benefits, head of the Employee Benefits Security Administration (EBSA). Prior to serving in that role, he held other senior government positions, including as Deputy Assistant Secretary of Labor for Employee Benefits, senior DOL legislative officer, legislative director for U.S. Rep. Ernest Fletcher, and senior legislative assistant for U.S. Rep. and later Securities and Exchange Commission Chair Christopher Cox.
During his years in government, Brad played a key role in the Pension Protection Act and other significant ERISA retirement and health reforms, and his regulatory and policy decisions have had a fundamental impact on the structure and operation of ERISA plans, including promulgating the final rule establishing Qualified Default Investment Alternatives (QDIA) facilitating automatic enrollment retirement plans.
Services & Industries
- Benefits and Executive Compensation
- ESOPs
- Retirement Plans
- Mergers and Acquisitions
- ERISA Litigation
- Investment Management Compliance
- Financial Services
More Legal and Business Bylines From Bradford P. Campbell
- Talking Through the DOL’s Proposed Prohibited Transaction Exemption, Episode 4: Litigation Risks [PODCAST] - (Posted On Monday, October 05, 2020)
- Talking Through the DOL’s Proposed Prohibited Transaction Exemption, Episode 4: Litigation Risks - (Posted On Thursday, September 24, 2020)
- Talking Through the DOL’s Proposed Prohibited Transaction Exemption, Episode 3: The 84-24 Exemption [PODCAST] - (Posted On Thursday, August 20, 2020)
- Talking Through the DOL’s Proposed Prohibited Transaction Exemption, Episode 2: A New Interpretation of Fiduciary Conduct - (Posted On Wednesday, July 15, 2020)
- Talking Through the DOL’s Proposed Prohibited Transaction Exemption: An Insurance Podcast [PODCAST] - (Posted On Thursday, July 02, 2020)
- The DOL’s Fiduciary Rule: Will We Get a New Rule? - (Posted On Tuesday, March 03, 2020)
- Digging into the SEC’s Final RIA Guidance – And Why It Repeatedly Uses the Term “Best Interest” - (Posted On Tuesday, October 08, 2019)
- REG BI, FORM CRS: The TARDIS of Disclosure Requirements - (Posted On Monday, August 19, 2019)
- Fifth Circuit Vacates Fiduciary Rule - (Posted On Tuesday, March 20, 2018)
- New York Department of Financial Services Proposes Fiduciary Regulation - (Posted On Wednesday, January 10, 2018)